Business in Hong Kong Just Became Easier
24 March, 2016
Hong Kong just made starting a business easier by lowering the Business Registration Certificate fee.
Every company incorporated in Hong Kong is required to pay a fee for issuing its Business Registration Certificate.
There are two types of business registration certificate – 1-year certificate and 3-year certificate.
Inland Revenue Department reduced the fee for 1-year business registration certificate from 2,250HKD to 250HKD and the 3-year business registration certificate from 5,950HKD to 3,950HKD and made business in Hong Kong more affordable.
The same applies to the Business Certificate renewal fee – 250KD per year, from previous fee of 2,250 HKD.
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